 I don't have a credit history. What can I do? |
I tried to get a mobile and the shop told me that I don't have a credit history. I have never used a credit card or loan, which I thought was a good thing.
Please help!... |
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 How do i go about getting companies off of my credit score? |
my creidt score is terrible as of right now! i had seen my credit report in person! i see where some companies still have me on there for a report purpose only, because ive got them paid off!
... |
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 Building credit question, help!!? |
Secured credit cards are designed to assist people who have never had credit or those who have bad credit, in order to enable them to establish a good credit rating.
Must one be 18? If so, is ... |
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 After you have paid all your bills for the month - how much money ..? |
| do you have to spend on yourself for going out/ clothes etc for the month????... |
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 How can I rebuild my credit? |
| My credit is really bad and has been for about 4 years now. I cant get excepted for any kind of credit cards and because of some old hot checks I cant get a bank account. I have tried to get a bank ... |
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 Cleaning up my credit report? |
| I have a lot of old debt on my report. Plus a few things that were added about a year ago. A few things are going to fall off this summer. I went through 2 layoffs and a car repossession ( the car ... |
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 Does anyone knoe of a FREE crdit report site.Where I DO NOT have to give a credit/debit card# to get my score? |
| I don not want to give my debit or credit card, I want an absolutely free site, where I can get my credit score. Thanks.... |
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 Credit Score? |
| I don't understand what credit score is..can someone explain in very simple terms? and what a good and bad credit score is? How do you get a good score or a bad one??... |
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 I had an overdrawn account at Lloyd's and cos of this my credit rating is bad and I cant open a student? |
| account how do I imporve my credit rating? it was a lng time ago and they closed my account at Lloyds TSB, but my credit raing is still ... |
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 Is it possible to make yourself bankrupt without losing your home? |
it's just something i was talking over with a friend recently who is in debt and is pondering this question.
Additional Details
lol@ gashotel, interesting answer, but i suspect that ... |
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 Can/will unpaid medical bills be reported and applied to my credit history? |
| I heard that a law was passed which doesn't allow unpaid medical bills to be reported on a persons credit. Is this true?... |
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 Is it worth paying off collections or using the money to get a secured credit card? |
| I have about 4K in past medical bills from 2 years ago. Would it be worth paying them off, or put a deposit on a secured credit card to help inmprove my credit?... |
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 Free stuff? |
| REALLY FREE. you know, no sponsor offers to fill out, no signing up for anything, no shipping and handling fees, no filling out any form or ANYTHING. i want free stuff where you just fill out your ... |
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stuck deep | How long does bad credit follow you?Can and old bad debt resurface? |
I was told bad debt may linger or re-surface when debt is sold to a collection agency |
 |
 
∞infiniti∞
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Bad debts are reported to the credit bureaus for 7 years after last delinquency. It does not matter how many times the debt is sold or re-sold, it will drop off after 7 years.
Unscrupulous debt collectors may try to collect on the debt indefinitely banking on your ignorance of the law. After the Statute of Limitation (SOL) has run out, you no longer have a legal obligation to pay. For your State's SOL, check the link below.
http://www.cardreport.com/laws/statute-of-limitations.html |
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twv23512652
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The creditor can and often does attempt to collect the debt, unless the Statute Of Limitations has expired on the debt, long after it has been charged off with either an in-house collection program or more commonly with a third-party debt collection service. Because the original contract for the debt, in your case a credit card agreement, was not honored, the account balance can be requested paid in full. A creditor will sometimes accept a partial payment of the debt and the account will be reported as "settled charge-off".
The charge-off will remain on your credit report for seven years plus 180 days from the date of the first nonpayment under the Fair Credit Reporting Act. |
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bdancer222
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While the bad debt will fall off your credit report after 7 years, the actual debt can be sold to one collection company after another. They can continue to try and collect the outstanding debt. even if it is outside the statue of limitations.
The statue of limitations is an affirmative defense if they take you to court. If they sue you and you don't show up in court, they get a default judgment. |
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blue-eyez
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When it is reported to collections it is on your record for 7-10 years...bad bad thing to have...try to avoid it at any cost if you ever want to own a house, car, boat..ect. Ive been there and it sucks. GOOD LUCK! |
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Rony
|
I found interesting information about your answer Here:
debt consolidation loans:
http://all-debt-consolidation-loan.blogspot.com/2007/07/debt-consolidation.html
credit cards:
http://all-debt-consolidation-loan.blogspot.com/2007/07/chase-credit-cards.html
Good Luck! |
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SPIFIMAN1
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The second and sixth posters are correct. |
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kno3ko
 |
Depending on what it is; 7-12 years...
And yes, anything within that time can come 'back to haunt you'. |
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Mark B
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it sticks with you for about 10 years. if your credit should improve i.e. getting a loan for a car, and having it paid for, this will also show up on your credit report and can sometimes outweigh the bad credit. |
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Dr. Deth
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if you don't discharge it thru bankruptcy, it can continue to be sold by collection agencies and it will show up as new debt over and over |
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Alterfemego
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It really only impacts you when someone check your credit history. Most only go back 3 years. |
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